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Chinese mainland's overseas portfolio investment hits 498 bln USD
The Chinese mainland's overseas portfolio investment rose last year, with Hong Kong being the prime destination.
China moves to optimize PV power development
There are no plans for common PV projects this year, but for new distributed PV projects, there will be a quota of around 10 million kilowatts.
China's housing provident fund deposit up 17.7 pct in 2017
Total deposit of China's housing provident fund reached 12.5 trillion yuan by the end of last year, up 17.7 percent year on year.
China to speed up tech market develop
China's tech sector has seen huge developments in recent years, helping to boost the country's global influence in science and technology.
Foreign insurance brokers keen on expansion
Several foreign insurance brokers are looking to expand their presence in China to cash in on opportunities.
Global sugar substitutes market to hit 19.1 bln USD by 2024
Global sugar substitutes market is expected to hit $19.1 billion by 2024, growing at an average rate of 4.2 percent during the forecast period.
China's service trade deficit shrinks further
China's service trade deficit shrank for the second consecutive month in April, data from the State Administration of Foreign Exchange (SAFE) showed.
Output of China's AI industry to reach 160 bln yuan by 2020
The total value of China's artificial intelligence (AI) industry output will reach 160 billion yuan (25 billion U.S. dollars) by 2020.
PetroChina plans more underground gas storage facilities
Construction will start on two more underground gas storage facilities in southwest China's Chongqing Municipality by the end of this year.
Jiangsu Zhangjiagang Rural Commercial Bank to open branch in Suzhou
Jiangsu Zhangjiagang Rural Commercial Bank announced recently that it had received permission to open a new branch in Suzhou.
China to boost financial support for small, micro businesses
China will accelerate the formulation of measures to provide more financial support to small and micro businesses.
China acts tough on insurance industry violations
Over 60 insurance institutions received a total of more than 63 million yuan (about $9.8 million) in penalties in the January-April period.
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